Vert I don’t believe McNally’s depletion has ever been the issue , it’s the volume and value of ore from a set dimension that has been the issue. Due to poor reporting and not enough information from company reports nothing can be verified as absolute .IMO the targets were never met, Yours is different due to a supposedly expanded mining area over my initial calculations . The only absolute proof is McNally’s has not made sustained modest proffits to allow the company to grow organically. In your world , McNally’s has theoretically made profit , bu IMO t the truth is it’s been a financial black hole. Loss after loss after loss after loss after loss after loss after loss after loss after loss and burning thru millions in cap raising would seem to support my analysis. your seemingly different view from everybody else’s may come up with something different . Even Boz has gone quite .
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Vert I don’t believe McNally’s depletion has ever been the issue...
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